NOT LISTED FOR SALE

370 Cardinal Bay Sanford, NC 27332

Estimated Value: $290,000 - $433,333

4 Beds
3 Baths
3,036 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $255,000 $84 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,308/month

About This Home

MASSIVE REDUCTION IN PRICE. SELLER MOTIVATED. If you want a property with a view you have found it! Watch the most beautiful sunsets from the back deck, living room, or kitchen of your own house! Or feel free to enjoy a cool Carolina morning on your back deck with a cup a coffee or tea. Enjoy the sights of the Blue Herons fishing, Mallard Ducks floating about, turtles, and much more! The house lives large with a Huge master bedroom on the main floor with his and her closets, giant living room with a real masonry fireplace, and 3 bedrooms with separate living space downstairs. Downstairs was fully tiled in 2016! Also, the property is a short golf cart ride or walk to the pool and marina! The natural beauty of Carolina Trace is yours to enjoy with this prime spot on the lake!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Dec 4, 2020
Sold by
Howe Joshua W and Howe Josie A
Bought by
Frederes Kevin Patrick and Frederes Julia Schroder
Seller's Agent
Cory Rushatz
EXP REALTY LLC
Buyer's Agent
Cory Rushatz
EXP REALTY LLC
List Price
$379,000
Sold Price
$255,000
Premium/Discount to List
-$124,000
-32.72%
Current Estimated Value
$386,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,083
Avg. Annual Appreciation
8.87%
Original Mortgage
$204,000
Outstanding Balance
$181,945
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$204,138

Purchase Details

Listed on
Nov 29, 2012
Closed on
Apr 12, 2013
Sold by
Caravano Angelo A
Bought by
Howe Joshua W and Howe Josie A
Seller's Agent
CHRIS TACIA. COM
ERA STROTHER REAL ESTATE #5
Buyer's Agent
Rebecca Smith
NON MEMBER COMPANY
List Price
$176,000
Sold Price
$176,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$181,808
Interest Rate
3.52%
Mortgage Type
VA

Purchase Details

Closed on
Nov 7, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Caravano Ii Angelo A

Purchase Details

Closed on
Jun 8, 2011
Sold by
Davis Patricia A
Bought by
Secretary Of Hud Of Washington Dc

Purchase Details

Closed on
Nov 26, 2008
Sold by
Blaylock Garrett Properties Inc
Bought by
Davis Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,920
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2001
Sold by
Wooddell Charles Edward
Bought by
Blaylock-Garrett Properties Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frederes Kevin Patrick $255,000 None Available
Howe Joshua W $176,000 None Available
Caravano Ii Angelo A -- --
Secretary Of Hud Of Washington Dc -- None Available
Davis Patricia $267,000 --
Blaylock-Garrett Properties Inc $186,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederes Kevin Patrick $204,000
Previous Owner Howe Joshua W $181,808
Previous Owner Davis Patricia $227,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $255,000 -32.7% $84 / Sq Ft View Prior Sale
10/27/2020 10/27/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $379,000 +115.3% $125 / Sq Ft
04/12/2013 04/12/13 Sold $176,000 0.0% $59 / Sq Ft View Prior Sale
01/14/2013 01/14/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $176,000 -- $59 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $339,900 $100,000 $239,900
2024 $2,706 $339,900 $100,000 $239,900
2023 $2,706 $339,900 $100,000 $239,900
2022 $1,912 $217,800 $70,000 $147,800
2021 $1,971 $217,800 $70,000 $147,800
2020 $1,592 $217,800 $70,000 $147,800
2019 $1,968 $217,800 $70,000 $147,800
2018 $1,761 $191,400 $70,000 $121,400
2017 $1,758 $191,400 $70,000 $121,400
2016 $1,755 $191,400 $70,000 $121,400
2014 $1,588 $191,400 $70,000 $121,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cory Rushatz

    EXP REALTY LLC

    (919) 343-8493

    66 in this area

    70 Total Sales

    Cory Rushatz
    Section Image

  • C

    Seller's Agent in 2013

    CHRIS TACIA. COM

    ERA STROTHER REAL ESTATE #5

  • Rebecca Smith

    Buyer's Agent in 2013

    Rebecca Smith

    NON MEMBER COMPANY

    (510) 527-9111

    656 in this area

    4,181 Total Sales

    Rebecca Smith
    Section Image
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Map

North Carolina Lee County Sanford 27332

370 Cardinal Bay, Sanford, NC

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